LOAN OFFICER (Five Positions) at Maendeleo Bank Plc

Maendeleo Bank Plc commenced operations in September 2013 as a Regional Bank with its Headquarters at Luther House, Sokoine Drive - Dar es Salaam. It is the first bank in Tanzania to be registered in Dar es Salaam Stock Exchange (DSE) from its inception through Enterprise Growth Market (EGM) window. In its efforts to expand and strengthen its operations, the Bank wishes to recruit self motivated, result oriented and suitably qualified candidates to fill the following positions:

5. LOAN OFFICER (Five Positions)

Job Summary: 

The Loan Officer will be responsible for selling of bank products, recruiting customers, processing loans applications and managing loan portfolio while maintaining the good and quality customer service. 

Key responsibilities: 
1. To ensure high quality standards of the banks' lending businesses is always attained. 

2. Continuously promote the range of products offered by the Bank, especially the loan products through direct marketing (e.g. information session, direct contact to potential clients). 
3. Present and discuss the credit proposals with the Senior Credit Officer, 

4. Follow up on overdue loans and ensure recovery is done within the prescribed period. 

5. Prepare credit proposals of loan applications for necessary approval processes. 

6. Ensure that the collateral is formalized if necessary in cooperation with Legal unit and loan administrator. 

7. To carry out any other related duties as may be assigned by the Supervisor. Minimum 

Qualifications and Experience Required: 

Holder of Business related Degree with at least 1 year experience in the field. Experience in Bankers Ream as a Core Banking System and knowledge of Bank products will be an added advantage.


All positions carry a Competitive salary and packages commensurate to qualifications and experience are offered to successful candidates. Mode of Application: Applications addressed to the Managing Director enclosing detailed curriculum vitae, full contacts (address and telephone numbers) and three referees should be sent latest by 21th July 2016 at or before 17.00 hours through E-mail 
'Maendeleo Bank Plc Is equal employer' 

Source: The Guardian 12 July 2016=========
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